Food grade gases are additives, which play a significant role in the preservation and food packaging processes. These gases are majorly used to grind, freeze, and package a variety of products, which include dairy & bakery items, fish & seafood, beverages, poultry products, vegetables & fruits, and prepared meals. In addition, for maintaining the quality of food, the use of food-grade gases has increased in the food industry. The major gas used in food processing applications is modified atmosphere packaging (MAP), which is used to preserve minimally processed food products such as meat, fish, vegetables, and fruits. In addition, MAP prevents the spoilage of food by inhibiting microbial growth, oxidation as well as preventing discoloration and moisture loss.
Consumers have a perception that frozen food products are low grade as compared to fresh food. However, this perception is rapidly changing, owing to the introduction of improved freezing technologies, which help in preserving perishables without the addition of artificial flavoring agents and chemicals. For instance, the cold pressing or cryogenic technology using gases such as nitrogen or carbon dioxide has gained traction in recent years. The process includes injecting liquid carbon dioxide or nitrogen to eliminate heat. Thus, the increase in uses of food-grade gases for freezing and increasing the shelf life of food products is a key factor that contributes toward the growth of the global food grade gases market. However, the implementation of stringent government regulations toward the use of industrial gases restricts the growth of the food-grade gases market.
Furthermore, an increase in demand for frozen food products in developed and developing countries, owing to an increase in urbanization, a rise in disposable income, and expansion of retail networks to boost the demand for food-grade gases. In addition, the demand for food-grade gases is witnessed to increase significantly, as they prevent food products from fungal and microbial contamination, thereby enhancing their shelf life, which is anticipated to augment the growth of the market.
The global food grade gases market is segmented into type, application, end user, and region. By type, the market is categorized into carbon dioxide, nitrogen, oxygen, and others. Depending on the application, it is classified into freezing & chilling and packaging & carbonation. On the basis of end user, it is segregated into beverages, meat & seafood and packaged products. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global food grade gases market include Air Liquide SA, Air Products and Chemicals, Inc., Air Water Inc., Coregas Pty Ltd., Coregas Pty Ltd., Gulf Cyro, Linde Plc., SOL Group, Taiyo Nippon Sanso Corporation, The Massy Gas Products (Trinidad) Ltd., and The Messer Group GmbH.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global food grade gases market from 2018 to 2026 to identify the prevailing market opportunities.
- The study provides information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes an analysis of the regional as well as global market trends, key players, market segments, application areas, and growth strategies.
KEY MARKET SEGMENTS
By Type
- Carbon Dioxide
- Nitrogen
- Others
By Application
- Freezing & Chilling
- Packaging & Carbonation
By End User
- Beverages
- Meat & Seafood
- Packaged Products
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- ASEAN
- Rest of Asia-pacific
LAMEA
- Latin America
- Middle East
- Africa
Table of Contents
Executive Summary
According to the report titled, 'Food Grade Gases Market by Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global food grade gases market size was valued at $6.4 billion in 2018, and is projected to reach $8.1 billion by 2026, registering a CAGR of 3.2% from 2019 to 2026. Food grade gases are processing aids or additives, which are used to meet the food quality standards. Food grade gases play an important role in the entire preservation and food packaging processes. These gases are primarily used to grind, freeze, and package a variety of products, which include dairy & bakery items, fish & seafood, beverages, poultry products, vegetables & fruits, and prepared meals. In addition, the use of industrial gases in food application has increased owing to their benefits such as cost saving and in maintaining the quality of products.One of the prominent techniques used in food processing is modified atmosphere packaging (MAP), which is used for preservation of processed food products such as meat, fish, vegetables, and fruits. MAP helps in preventing the spoilage of food products by inhibiting the microbial growth as well as preventing oxidation, discoloration, and moisture loss. In addition, food grade gases are added in packages to change the composition of the air around the food, thereby enhancing the shelf life of the food. Moreover, carbon dioxide is used in the beverage industry to add fizz and taste to bottled drinks. In addition, wine, soft drinks, and beer are carbonated using CO2.
The global food grade gases market growth is driven by the introduction of innovative methods for food preservation such as cold plasma, pulse electric fields, and high pressure processing for heat-sensitive foods to reduce food spoilage and to preserve food texture, color, flavor, and nutrient content. However, decrease in demand for beverages in developed regions such as Europe and North America owing to rise in prices of sugar has reduced the demand for food grade gases, thereby restraining the growth of the global market.
The global food grade gases market is segmented on the basis of type, application, end user and region. Based on type, the market is classified into Carbon Dioxide, Nitrogen, and Others. By application, the market is further sub-segmented into Freezing & Chilling and Packaging & Carbonation. By end user the market is divided into Beverages, Meat & Seafood, and Packaged Products. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).
Key Findings of the Food Grade Gases Market:
Based on type, the carbon dioxide segment dominated the global food grade gases market in 2018, and is expected to retain its dominance throughout the food grade gases market forecast.
Depending on application, the freezing & chilling segment accounted for highest share in the food grade gases market in 2018, and is projected to grow at a CAGR of 3.8% from 2019 to 2026.
By end user, the beverages segment was the major shareholder in 2018, and is projected to register a CAGR of 2.2% from 2019 to 2026.
Region wise, Europe accounted for about 31.4% food grade gases market share in 2018, and is expected to grow at a CAGR of 2.7%.
The key players operating in the global food grade gases industry are Air Liquide SA, Air Products and Chemicals, Inc., Air Water Inc., Coregas Pty Ltd., Coregas Pty Ltd., Gulf Cyro, Linde Plc., SOL Group, Taiyo Nippon Sanso Corporation, The Massy Gas Products (Trinidad) Ltd., and The Messer Group GmbH.
Companies Mentioned
- Air Liquide SA
- Air Products and Chemicals Inc.
- Air Water Inc.
- Coregas Pty Ltd.
- Gulf Cyro
- Linde Plc.
- SOL Group
- Taiyo Nippon Sanso Corporation
- The Massy Gas Products (Trinidad) Ltd.
- The Messer Group GmbH
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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